Physical Rubber prices remained unchanged on Thursday due to an acute shortage of natural rubber in the domestic market. Meanwhile, the all India Rubber Industries Association (AIRIA) predicted a potential 5-7% decline in rubber prices from current levels in the near term amidst the slowdown in the automotive sector.
Spot prices for RSS-4 and RSS-5 variety closed unchanged at its previous closing of Rs 230/ kg and Rs 227/ kg, respectively.